{"data":{"id":"us-nh/rsa-304-c-160","jurisdiction":"us-nh","citation":"RSA 304-C:160","heading":"Definitions.","body":"In this subdivision:\nI. \"Dissenter\" means a member who is entitled to dissent from limited liability company action under RSA 304-C:161 and who exercises that right when and in the manner required under this subdivision.\nII. \"Fair value\" means the value of the dissenter's limited liability interest of a limited liability company immediately before the effective date of the limited liability action referred to in RSA 304-C:161, excluding any appreciation or depreciation in anticipation of the limited liability action.\nIII. \"Interest\" means interest from the effective date of the action referred to in RSA 304-C:161 that gave rise to the member's right to dissent until the date of payment, at the average auction rate paid on United States treasury bills with a maturity of 6 months, or the closest maturity thereto, as of the auction date for such treasury bills closest to such effective date.\nIV. \"Limited liability company\" means a limited liability company whose members have obtained rights to dissent under RSA 304-C:161, and includes any successor by merger or conversion.\nV. \"Member\" includes a former member who has ceased to be a member, but who was not entitled to payment for the value of the member's limited liability interest upon cessation of the former member's membership.","path":["Title XXVIII: PARTNERSHIPS","Chapter 304-C: LIMITED LIABILITY COMPANIES","Dissenters' Rights"],"source_url":"https://gc.nh.gov/rsa/html/XXVIII/304-C/304-C-160.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T14:54:51Z","sha256":"588a788394796d1241733501b94bfd68dd05d80afe868da0455a785515d9201a","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-304-c-159","next":"us-nh/rsa-304-c-161"},"notice":"GroundRules: Original legal text. Not legal advice."}